Music Room and Floods

Home owners insurance coverage must vary from state to state. In my state flood insurance is only needed if you live in a floodplain.

For my basement I have insurance for damaged caused from storm water if the sump pump fails or for what ever reason storm water enters my basement.

Here is a kicker though, I have separate coverage for sewer back-up Heaven forbid....

Even if the cause of the back up is storm water related the storm water coverage does not cover damage caused from sewer back up.

Davt,

For extra coverage for your audio system You might see if you can add umbrella coverage to your insurance policy.

My sump pump failed during a period of heavy rain and I got just enough water in mine to ruin the carpet etc. Luckily my insurance covered it as it was due to the pump failure and not flooding per se. I had a back up sump pump installed which works off the water pressure in my city water pipes. You might check this out, my plumber thought it was better than battery systems. I also got some vinyl flooring that can be easily taken up and relaid; looks very good.

Coverage from an Umbrella policy does not extend to underlying personal property coverage.

Choose your insurer wisely because the personal property coverage provided by Company A will oftentimes respond differently than the personal property coverage provided by Company B. Make certain that your insurance agent understands what your expectations are in the event of a lightning strike, a fire, flood, sewer backup, or theft. If you get evasive answers, ask the agent to point to the words in the Inclusions and Exclusions sections of the coverage agreement.

Coverage from an Umbrella policy does not extend to underlying personal property coverage.
04-12-11: Raks

oops my bad.....

Coverage
Personal Excess Liability
Defense - Settlement

Thanks for the ideas. My insurance guy states that the maximum coverage for all things related to water seepage, etc. is $10,000, this includes repairs and personal property. My basement is only about 3 1/2 feet deep, the rest is above ground so risk is a bit less. I will have a sump backup installed as well as sewer deverter and will look for other coverage and be sure to read all of the fine print.